Tuesday

16th Apr 2024

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EU launches budget rules review for post-covid era

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The European Commission will start its review of its budgetary rules on Tuesday. The Stability and Growth Pact was signed in 1992, but since then the rules have ballooned and many consider them too complex and no longer fit for purpose, because they limit public spending and leave too little room for green investment, critics say. The landmark review will likely take until the end of 2022.

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